Once a poor immigrant, Li got his start selling plastic flowers in Hong Kong in the 1950s. Now Hong Kong's richest person. His fortune is centered on conglomerates Cheung Kong and Hutchison Whampoa. Through them, he is the world's largest operator of container terminals, world's largest health and beauty retailer, a major supplier of electricity to Hong Kong and a real estate developer. Hutchison Essar sold its stake in an Indian mobile business for $11 billion in 2007; the group still has other telecom interests. Li also has a $12 billion stake in Canadian oil company Husky Energy. He has announced plans to donate one-third of wealth over time. Eldest son Victor helps him run his massive empire; son Richard struck out on his own in early 1990s and is a billionaire in his own right.